Is Getting Paid 11 Dollars An Hour Good How much do you get paid GP Starting July 2009 the U S federal government allows a nationwide minimum wage per hour of 7 25 while depending by each state s policy employers may be requested to pay higher rates For instance as of January 1 2015 there were more than 25 states that started paying a level greater than the minimum
Is 11 an Hour Good Pay Making 11 dollars an hour is relatively low pay The more hours you work the more money you will end up making at this hourly rate For example say you get paid every two weeks If you work part time 11 dollars an hour 20 hours a week you would earn 440 before taxes It depends on how many hours you work but assuming a 40 hour work week and working 50 weeks a year then a 11 hourly wage is about 22 000 per year or 1 833 a month Is 11 an hour good pay No 11 hour is in the bottom 10 of wages in the United States
Is Getting Paid 11 Dollars An Hour Good
Is Getting Paid 11 Dollars An Hour Good
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Is 11 Dollars an Hour Good Pay Considering that 11 an hour is just a few dollars more than the minimum wage I couldn t say that 11 dollars per hour is good money First your housing allocation is a little below 500 The average rent for a one bedroom apartment is 1 769 and that s already your entire paycheck You need to be clever When we ran all of our numbers to figure out how much is 11 per hour is as annual salary we used the average working day of 40 hours a week 40 hours x 52 weeks x 11 22 880 22 880 is the gross annual salary with a 11 per hour wage As of June 2023 the average hourly wage is 33 58 This you are making WAY LESS than the average wage
Let s say a gallon of gas is 4 dollars So your commute costs you approx 8 dollars a day Assuming you work 5 days a week and 8 hours a day for 40 total hours your weekly income looks like this Income 11 40 440 Commute 8 5 40 Net income for week 400 So your job isn t 11 dollars an hour it s 10 dollars an hour 400 40 Is 11 dollars an hour good for a 16 year old Just wondering because Walmart is hiring at 11 h Archived post New comments cannot be posted and votes cannot be cast Best Top New Controversial Old Q A nighthowlerr That s decent pay Pretty good for a first job especially at 16 with no big bills Reply reply twist 17
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The same goes for working for 11 dollars an hour and 30 hours a week which is also a kind of part time job You would be making 330 per week or 17 160 gross annual income Final Thoughts Are 11 Dollars an Hour Good Money Right off the bat the 11 hr yearly gross income of 22 880 could be good money if you live in an area with lower living 11 dollars an hour is about 22 880 per year salary Can you afford it I ve included an example budget to show you how to live on 11 an hour To calculate how much you will get paid per year let s assume you work 52 weeks of the year with 2 weeks paid time off If you are working a full time job you will be working 40 hours per week
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